Temu is adding “import charges” of around 145% in response to President Donald Trump’s tariffs on goods shipped from China, CNBC reports. The fees cost more than the products that U.S. consumers are buying, and in some cases are more than doubling the price of a standard order. For example, CNBC found that a summer […]
Temu adds ‘import charges’ after Trump tariffs Read More »
Temu and Shein plan to raise prices for U.S. customers starting next week on April 25th, due to President Donald Trump’s tariffs on goods shipped from China, the Associated Press reports. The 145% tariff on products made in China, along with Trump’s decision to end a customs exemption that had allowed goods under $800 to
Shein and Temu to raise prices for US shoppers in response to tariffs Read More »
Chinese ecommerce and fast fashion giant Shein is facing fresh scrutiny in the European Union in relation to consumer protection rules following the launch of a coordinated action by the bloc’s Consumer Protection Cooperation Network (CPCN). The action is being conducted with reference to the EU’s Unfair Commercial Practices Directive, Consumer Rights Directive, Unfair Contracts
Chinese fast-fashion retailer Shein has relaunched in India through a partnership with Reliance Retail, nearly five years after it was banned amid diplomatic tensions between New Delhi and Beijing. The new Shein India Fast Fashion app, developed and launched by billionaire Mukesh Ambani’s Reliance Retail, marks a significant return to one of Asia’s largest retail
Shein app returns to India via Reliance deal Read More »
Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as April. The push for London comes after the company stopped trying to list in the U.S. as lawmakers raised concerns over the company’s connections to China and
Shein is still looking to IPO Read More »
Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary
Shein must cede Indians’ data, control of local ops to re-enter India Read More »
The European Union is drowning under cheap packages coming from Asian online retailers, starting with ultra low-cost e-tailers AliExpress, Shein and Temu. The Financial Times has learned that the EU is considering a crackdown on such imported goods due to safety and counterfeiting concerns. The issue is there are currently no custom duties on goods
Amazon has rolled out its answer to the discounted, low-cost storefronts of Temu and Shein. The Amazon Haul store, currently available on the mobile app or mobile web browser exclusively, offers similar mass-produced, discounted items, most of which ship from China. It’s a departure from Amazon’s long-established reputation as a powerhouse of rapid delivery times
Amazon takes on Temu and Shein with discount ‘Amazon Haul’ store Read More »
Ireland’s media regulator, which oversees the compliance of a raft of tech giants with the EU’s Digital Services Act’s (DSA) general rules, said it is reviewing how major platforms let users report illegal content, following a high number of complaints. On Thursday, the Coimisiún na Meán (CNM) said one in three DSA complaints it has
Ultra-fast fashion e-commerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union’s Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region — which is the threshold for the
Shein to face EU’s strictest rules for online marketplaces Read More »
